Hi rusch....I respect every ones views but there always seems to be a constant distaste/hatred of traders on just about every stock I've seen on HC.
Say for argument sake that from tomorrow onward all current SH decided they'd hold long term.
What would happen to sp?
Absolutely nada..zilch...as there woudn't be any sellers.
Therefore every stock needs traders and long term holders all with their various timeframes...be that 1yr...month..week...day..or hrs....otherwise the market becomes illiquid and simply couldn't function.
So those traders provide that liquidity for the rest of us to enjoy the ride.
We're all here for the same reason...to make a buck.
Good luck to anyone who does...traders or LT included.
Chart, page-3783
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Last
61.0¢ |
Change
0.020(3.39%) |
Mkt cap ! $64.51M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 61.0¢ | 58.0¢ | $56.05K | 95.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2999 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 12999 | 3 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| IIQ (ASX) Chart |